1383 Baker, Costa Mesa, CA 92626 | For Sale

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For Sale $1,600,000

$1,600,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 6,534 Sq Ft

Description

A well-maintained triplex located in the heart of Costa Mesa — one of Orange County's most supply-constrained and desirable coastal rental markets. Situated on a 6,500 SF lot just minutes from South Coast Plaza, Orange Coast College, and Pacific Coast Highway, this three-unit property represents a rare opportunity to acquire a stabilized income-producing asset in one of Southern California's most coveted submarkets. The property consists of two 2-bedroom/1-bath units and one spacious 2-bedroom/1.5-bath unit, totaling 2,785

rentable square feet across two stories. Currently operating at 100% occupancy with below-market rents, the asset presents meaningful upside potential as leases roll to market. Pro forma rents project a 4.22% cap rate with $1,305/month in uncaptured rental upside. The property features private garages, on-site parking, and mature landscaping providing strong curb appeal on one of Costa Mesa's most established streets.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,600,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 3 spots
Year Built 1960
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 14119105
MLS # NP26079066
Property ID 322749734
Lot Sqft 6,534
Zoning Unknown
Total Units 3
Days on Market 44
Original List Price $1,675,000
Date Updated May 16, 2026
Date Created April 13, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $7,245 $0
Net Income (Yr) $ 54,062
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Listing Provided By

Ryan Anderson an agent of . Lic #01939764


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 16, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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